The Feds Only Regulate Big Business, Right?

Jul. 14, 2009

Wrong. Way wrong. According to Andrew Langer, president of the Institute for Liberty, who spoke today at the Tuesday Morning Group, the federal government's regulatory burden on small business equals $7,700 per employee. For a small, family-owned company, with 10 employees, that's a $770,000 annual gorilla on its back.
This is small business, the engine that creates about two-thirds of all American jobs. That figure doesn't include state and local regulations, either. Get the picture as to why we need smaller government?